Peter Schiff Slams Bitcoin Focus Amid Gold's Record Rise

- Gold recently broke $2,630, setting a new record.

- Peter Schiff, a prominent gold advocate, is concerned that investors are ignoring the rally due to the Bitcoin craze.

- Schiff argues that the Bitcoin focus is distracting from the economic signals that gold is sending.

- He believes that Bitcoin is not a reliable hedge against inflation due to its volatility.

- Despite the criticism, many investors continue to view Bitcoin as an alternative to gold.